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Dow Jones Component's Spinoff Joins S&P 500. Shares Jump.
Investor's Business Daily44d agobullish
Dow Jones Component's Spinoff Joins S&P 500. Shares Jump.

Honeywell's aerospace spinoff will be added to the S&P 500 index next week, while IES Holdings, a data center electric power provider, is going into the Midcap S&P 400. Both stocks rallied. Honeywell Aerospace will be officially in the S&P 500 at the start of trading on Monday, S&P Dow Jones Indices announced late Tuesday.

MT Newswires45d agoneutral
Sector Update: Energy

Energy stocks were lower Wednesday afternoon, with the NYSE Energy Sector Index dropping 2.2% and th

Could Nike Get the Boot from the Dow? Why Berkshire Hathaway Might Take Its Place.
Barrons.com45d agoneutral
Could Nike Get the Boot from the Dow? Why Berkshire Hathaway Might Take Its Place.

Nike could be the next company dropped from the given its low stock price—and that might allow Berkshire Hathaway to finally make it into the venerable index. S&P Dow Jones Indices, which oversees both the Dow industrials and S&P 500 index, said that Verizon is leaving in part because its low stock price–around $46—gave the company an “immaterial impact” on the price-weighted index. Verizon’s weighting was around 0.5%, while Goldman Sachs whose stock trades for nearly $1,100 a share, has the highest weighting in the index at around 13%.

Dow Gains 570 Points. Tech Is Rallying Back.
Barrons.com45d agobullish
Dow Gains 570 Points. Tech Is Rallying Back.

The Dow rose 573 points, or 1.1%. At the sector level, everything from consumer discretionary to industrials, communication services, materials, and consumer staples were in rally mode. Big Tech was in the mix after steep selling in recent days: The Roundhill Magnificent Seven ETF was up 1% and rising.

What Verizon Communications (VZ)'s Dow Exit and Simpler Plans Strategy Means For Shareholders
Simply Wall St.45d agoneutral
What Verizon Communications (VZ)'s Dow Exit and Simpler Plans Strategy Means For Shareholders

In June 2026, Verizon Communications completed cash tender and exchange offers covering about US$1.86 billion of subsidiary notes while also being removed from the Dow Jones Industrial Average, where Alphabet will take its place. Together with launching simplified Simplicity and Verizon One plans to address subscriber losses, these moves signal a focus on cleaner financing and more customer-centric wireless and broadband offerings. We’ll now examine how Verizon’s Dow exit and push into...